A loan of $2,925 helped a member she invested her loan in more ingredients like salt, oil, tomatoes, different kinds of chiles, onions, corn, and other ingredients she uses.

El Bocotito Group's story

This group is called “El Bocotito” and is located in the town of Florencio Villareal, in the state of Guerrero. The members decided to name the group for a local wood of the same name. Here's the story of Clara O. A., one member of the group. She's 30-years-old, and married with two children, Angélica, 11, and Abel, 9, both in school. The eldest is in sixth grade and the youngest is in fourth. Clara earns her living selling Mexican finger-foods.

She decided on this business because there's high demand and good profits, in addition to the fact that she was looking for a way to improve the quality of life for herself and her family and provide a really good education for her kids. She invested her loan in more ingredients, including: chiles, onions, corn, etc., so she could increase production and offer a wider variety of products in order to increase sales a bit.

Clara says business is going super-well, so well that she's starting to save up part of her profits to finish building the kitchen in her house, to keep supporting the kids' education so they can have really good professional careers, and to continue investing in her business.

Clara says that her business has benefited quite a bit from the locals in her town, because there aren't many people in the same business nearby. Everyone buys from her because she's the only one, she's close by, and she offers excellent attention and service to her clientele.

Clara's dream is to build a shop, right in her house, so she can expand her business a little. What she really wants is to put in a little restaurant so she can stock more items, bring in more income, and continue supporting the kids' higher education so they'll have really good professions.

Clara tells us the members of her group are very responsible people who make their payments. They've had time to get to know each other and they get along very well; plus, they're from the same community so they've never been late or failed to pay their loans off, because they don't want to destroy the trust the organization has placed in them.

Clara really appreciates Fundación Realidad and Kiva for supporting them with loans; thanks to that, her business is really improving and her and her family's lives are changing.

The members of the “El Bocotito” group and their businesses are:

María B. S. sells fish
Lucero B. R. sells clothing
Flor Yesenia S. O. sells footwear
María Estela J. V. sells cheese
Octavia P. C. sells candy
Ángel R. L. buys cattle
Fortunata M. M. sells footwear
Candido S. B. is a carpenter
Clara O. A. sells finger-foods
Pragedis S. R. sells fish
Margarita N. S. sells fish

In this group: María, Lucero, Flor Yesenia, María Estela, Octavia*, Ángel, Fortunata, Candido, Clara, Pragedis*, Margarita
*not pictured

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Translated from Spanish by Kiva volunteer Jill Heske

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